Chinmaya Madan Highlights the Pros and Cons of Artificial Intelligence
The Advantages and Disadvantages of AI, According to Chinmaya Madan
From self-driving cars to iPhone’s SIRI, artificial intelligence (AI) continues to rapidly progress. Science Fiction movies portray AI as being robots with human-like features, but AI comprises everything from autonomous weapons to IBM’s Watson to Google’s search algorithms.
Chinmaya Madan notes that while the current AI type is called narrow AI (programmed to perform a narrow task), the long-term goal is to create general AI, which can outperform humans in many tasks.
With so many wonderful advantages to using AI, it is important to also learn about the risks.
Pros
Chinmaya Madan finds that the benefits of AI applications are vast and will revolutionize business, industry, and daily life. These include:
Around-the-Clock Availability
Most humans work only 4-6 hours per day, not including breaks. Humans need time away from work to sleep, eat, and relax, which refreshes them to prepare for another day of work. AI machines can work around the clock without requiring breaks and never get bored.
Assistance with Repetitive Jobs
Most individuals perform repetitive work in their daily lives like verifying specific documents for errors or sending thank you emails. Utilizing AI can automate these basic tasks and remove boring tasks to free humans up for more creativity and productivity.
Digital Assistance
May highly advanced organizations utilize digital assistants to interact with users, which eliminates the need to utilize costly human resources. These digital assistants are also used on websites to provide fast answers. The technology has become so robust that it can be difficult to determine if you are speaking to a bot or a human.
Human Error Reduction
One of the greatest benefits of AI is that “human error” does not exist when programmed properly. AI makes decisions from gathered information and applies it to a specific set of algorithms. Therefore, errors are greatly reduced and there is a high probability of reaching accuracy with precision.
Cons
Chinmaya Madan says that superintelligent AI will not exhibit human emotions so there is no reason to believe that AI will become benevolent or malevolent. However, there are several cons to using AI that you should be aware of, including:
Cost
AI software and hardware is being updated regularly to meet the latest requirements. Equipment needs maintenance and repair which can lead to high costs.
Lack of Creativity
Machines execute the tasks that they are designed to do so anything outside of that scope will result in irrelevant output.
The Laziness Factor
AI continues to make humans lazier when automating work and home functions. Humans can become addicted to these types of inventions which may be problematic for future generations.
Unemployment
With robots replacing humans for mundane tasks, many will lose their jobs. This will be long-term cost savings for companies but humans who previously performed these functions will need to find new employment.
Chinmaya Madan understands that the next frontier is building software to align with the demands of future AI-driven features.
No longer is it enough to build intuitive experiences, but there should be a greater focus on collecting high-quality usable data.
To learn more, readers should check out this free course on Machine Learning.